5 Tips to Use a Personal Loan for the Wedding Season in 2021 and Beyond

An Indian wedding is usually an extravagant affair. Exotic décor, larger-than-life buffets, high-end gifts like jewellery and a series of functions including Roka, Haldi, Mehendi and Sangeet are the quintessence of the event. It is a week-long affair that comes with a hefty price tag. But fret not. An unsecured personal loan can be turned into a marriage loan to fund all the expenses of the big fat Indian wedding. The best one has an online application available that is time-effective and convenient. You can get up to ₹40 lakhs from the most trusted and reliable Indian banks.
The loan can help meet the diverse financial needs of your D-day. Both salaried and self-employed individuals can apply provided they tick off the eligibility criteria. Take a look at how the fund can help you overcome wedding expenses.

1.      A Lavish Venue

A wedding venue is much beyond a brick-and-mortar structure. It has a significant role in crafting the wedding. For example, the space would be the backdrop of wedding photos of a lifetime. The location can easily make or break the ceremony. The space must reflect your personal style while offering a sense of satisfaction to the bride and groom. So, whether you wish for a destination wedding or a traditional banquet, a personal loan with flexible tenure got your back. Pick the timeline according to your payment capacity.

2.      Wedding Decoration

This sets the tone, mood and theme of the event. Out-of-the-box creative ideas like exotic flower garlands, tassels and glass hangings, glistening ‘jhoomars’, light canopies and wind-chimes can make for a fairy-tale set-up. A part of the fund can be used to pay for these expenses. The marriage loan interest rates are pocket-friendly with minimal extra charges. No need to use your hard-earned money upfront that might interfere with your investment goals.

3.      The Couple Attire

Dreaming of a Sabyasachi or a Tarun Tahiliani couture? A personal loan can help you finance high-end labels without thinking twice. Pick and choose different colours and styles according to ceremonial importance. Make sure they portray the Indian cultures and traditions and personal ethnicity to some extent. You can use a top-up facility on the existing loan in case you require extra money at any point. This saves you from applying for another fresh loan amid the busy wedding celebrations.

4.      Food Arrangements

Buffet or plated meals are essential components of an Indian wedding. It is mostly the topic of conversation and a good spread is the easiest way to win hearts. The pricing is mostly per person. North Indians also usually prefer a liquor counter which adds to the expenses. Set aside a portion of the fund and offer lip-smacking salads, starters, main course, desserts and cocktails to your guests. But do try to curb food wastage.

5.      Miscellaneous Expenses

Invitations, photography, gifts, transport, accommodations and make-up artists are the other mandatory expenses. These can be easily covered with a personal loan. Opt for the one that does not require collateral. This saves the headache of locking an asset as security. You can carry on with the marriage rituals peacefully and wrap the event without hassle.

An Indian wedding is packed with ancient rituals and cultures. Ticking off the marriage loan eligibility and getting the funds on time can help you fulfil them without hiccups.